The Mexican Republic possesses enormous natural resources, an extensive and wealthy industry, and an enormous quantity of finished goods and products, which Soviet Russia now requires. Mexico exported to the Northern United States and, principally to Germany, annually more than 600,000,000 pesos (the peso at the rate of 2.66 francs in gold): 1) Raw wool — Spanish wool and woolen and cotton yarn, cotton, cotton and woolen goods. 2) Cocoa, coffee, sugarcane. 3) Chemical, mineral, and plant dyes (the homeland of cochineal). 4) Paper from wrapping to parchment. 5) Medicines and medicinal herbs (the homeland of quinine tree) in all types and kinds. 6) Oils — petroleum (gasoline, kerosene) and plant — and chemical. 7) Hides and finished footwear (famous buffalo leather shoes), machine and drive belts. 8) Tobacco in all its forms (famous German cigars). 9) Metals, mercury, steel, silver, etc. 10) Metal goods: locomotives, railway cars, agricultural implements and machines. 11) Wood products: red, black, mahogany, and oak wood. 12) Automobiles and automobile parts (famous "Mercedes"). 13) Oil and petroleum products (famous oil sources "Tampico"). 14) Technical construction-sanitary items and various other items and products.

All this was purchased by America, and especially Germany, at very low and cheap prices and resold mainly in Russia and other states at high prices.

Due to the destruction of the commercial fleet and the destruction of the commercial apparatus with Mexico, Germany is deprived of the possibility of continuing extensive trade, and Mexico, unwilling to hand over its goods, wares, and natural wealth to America, as a country that constantly oppresses it, is now forced to seek other markets for the sale of its goods. Russia is the only profitable market for it, to which it can sell all its production. If to this we add the fact that Mexico, as a maritime state, once having loaded a steamer with goods in any of its harbors in the Pacific or Atlantic Oceans, by which it is washed, can deliver its goods without transshipment with extremely insignificant expenses and with an abundance of oil to any of Russia's harbors or ports, one can imagine all the advantages of such an economic union of both countries. Moreover, Mexico possesses a fairly significant maritime merchant fleet, and the tonnage of Holland and other neutral states can also be at its service.

Besides this, Mexico has a large quantity of goods already delivered by it in Germany, on the shelves of its maritime missions in Germany, Holland, and other points, capable of being immediately, as from a neutral country, placed at Russia's disposal through the efforts of Mexicans.

It must also be borne in mind that the friendly relations of the Mexican Republic toward Russia have not ceased to this day.

At present, the consul of Mexico in Moscow is organizing a Russian-Mexican Trading Chamber (Russomex), as an apparatus for action for the economic union of both republics, which should promote the broad development of trade relations between both countries and which is now already, in the person of the Consulate, ready to take all measures for the delivery to Russia of all necessary goods through exchange or other methods possible and advantageous to Russia.

Upon receipt of your principled agreement with our proposal, the Consulate will immediately send its experienced staff for this purpose to Mexico, Holland, and Germany, confirming that all personnel, method, and conditions of work for the transportation of goods are completely ready.

These staff members will work out there, on location, on behalf of Mexico and the neutral states mentioned in this report all details from the technical, commercial, and financial sides, and will then immediately take all measures for delivery to Russia of Mexican goods already in neutral states, repeating that the methods of payment for goods, their exchange for Russian raw materials, questions about currency will be worked out in the interests of both countries.

At present it is important for us only to have the principled agreement of the Soviet Republic with our proposal, after which all other questions and details will be urgently established by equally favorable conditions and methods for both sides.

General Consulate of the Mexican Republic in Moscow:
Commercial agents at the Consulate: (signature)
Director of Affairs: (signature)